GBR 5.26% 6.0¢ great boulder resources limited

Why would we need $150m bucks to blast and haul (maybe...

  1. 3,158 Posts.
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    Why would we need $150m bucks to blast and haul (maybe screening) ? We arnt talking a plant - quite the opposite.

    Andy Well entire plant cost $110m all those years ago from memory.

    Auric (not held) has been toll treating successfully I believe, and after 6 months of toll treating banked 10mill bucks (for a company with a MC of 7m at the time - 24m now and climbing). Small deposit with a head grade of 1.58g/t. dont know much more - sopmeone can correct me if im wrong please. Doesnt seem so bad. Sure there are some negatives to tolling, but building a plant is rissskkkyyy.

    Aurics first delivery to Perth mint is at the red arrow.
    https://hotcopper.com.au/data/attachments/6071/6071576-da9a2c71367ff37c3669c8e0d72e20b0.jpg





 
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